If Economic Activity Slows Down,total Costs Could Easily Decline in Which

question 49

Multiple Choice

If economic activity slows down,total costs could easily decline in which of the following categories?

• A)variable costs and committed fixed costs
• B)variable costs and discretionary fixed costs
• C)variable costs only
• D)committed fixed costs only

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Definitions:

Information Technology

Information technology is the use of computers, software, networks, and other electronic devices to store, process, retrieve, transmit, and protect information.

Matrix Organization

A flexible organizational structure that combines elements of both functional and project-based divisions, allowing for more dynamic assignment of tasks and responsibilities.

Collaborative Organization

An entity that emphasizes teamwork, shared goals, and collective efforts among its members to achieve better outcomes.

Boundaryless

Refers to organizations or initiatives that operate without fixed limits or barriers in structure or operation, promoting flexibility and innovation.